According to the chart, we can see that the price has already been through the rising wedge, as we expected, the price went down after the rising wedge. So, what could the price go next?
I built a Fibonacci on the latest downward trend, now we can see the price retrace back to around 0.382 level.
Yes, I consider that small upward wave a retracement, so now, after the retracement, let’s expect the price to continue to go down.
I built a Fibonacci on the latest downward trend, now we can see the price retrace back to around 0.382 level.
Yes, I consider that small upward wave a retracement, so now, after the retracement, let’s expect the price to continue to go down.
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